An update from The Vitec ( (GB:VID) ) is now available.
Videndum plc has announced that Aberforth Partners LLP now holds a notifiable interest in 12,880,682 ordinary shares, representing 12.431% of Videndum’s issued ordinary share capital. This development reflects a significant stake in the company, potentially impacting its market dynamics and shareholder structure.
More about The Vitec
Videndum plc is a leading global provider of premium branded hardware products and software solutions catering to the content creation market. The company serves a diverse clientele, including broadcasters, film studios, production and rental companies, photographers, independent content creators, gamers, professional musicians, and enterprises. Its product portfolio encompasses camera supports, video transmission systems, live streaming solutions, smartphone accessories, robotic camera systems, and more. Videndum employs approximately 1,500 people across 10 countries and is listed on the London Stock Exchange under the ticker VID.
YTD Price Performance: -43.42%
Average Trading Volume: 491,390
Technical Sentiment Signal: Strong Buy
Current Market Cap: £77.8M
For an in-depth examination of VID stock, go to TipRanks’ Stock Analysis page.